In the second part of this special Big Question, managers assess the risks and rewards of investing in this sector in the current climate.
Critical source of return and risk reduction
100% of respondents think Brexit will not happen
When Abenomics was launched and large-scale QE introduced to much fanfare a few years ago, the bold message communicated was we could expect monetary policy easing on a scale not previously seen.
The past four years has seen analysts forecasting double digit earnings growth for Europe then gradually revising these expectations to zero (or negative) each year.
QE boosted asset prices in emerging markets
With the US entering a new rate cycle and global growth still weak, industry experts at Investment Week's recent Funds To Watch event reveal how they think markets will perform in the coming 12 months, and where the key opportunities and risks lie.